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Why Taiwan Has a Lock on the World’s Chip Market

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Chris Miller on TSMC’s secret sauce

Nearly 90 percent of the advanced semiconductor chips that power the modern world, from high-end smartphones to weapons systems, are made by one company in Taiwan. This monopoly has a profound impact on geopolitics and the global economy. How did we get to this point? And does any other country or company stand a chance at breaking in? To discuss this and much more, FP’s Ravi Agrawal is joined by Chris Miller, the author of Chip War: The Fight for the World’s Most Critical Technology.

Suggested reading:

Rishi Iyengar: Who Will Make the Chips?

Howard W. French: The Risks of the CHIPS Act No One’s Talking About

Elisabeth Braw: Taiwan Needs Business Help to Harden Its Economy Against China

About Foreign Policy Live:  Each week, Foreign Policy Live will feature a substantive conversation on world affairs. Host and FP editor in chief Ravi Agrawal will be joined by leaders, policymakers, and top academics to analyze key issues from the U.S.-China relationship and Russia’s war in Ukraine to trade and economics. FP Live is your weekly fix for smart thinking about the world. FP subscribers can be part of these conversations by sending questions in advance on www.foreignpolicy.com/live.  See All Episodes

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Global Reboot

Foreign Policy magazines Global Reboot explores how to rebuild a world upended by disruptive international events. FPs editor in chief Ravi Agrawal engages with world leaders and policy experts to identify solutions to our greatest challenges. Global Reboot is a FP Partner Podcast with the Doha Forum.  

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Ones and Tooze

Foreign Policy economics columnist Adam Tooze, a history professor and a popular author, is encyclopedic about basically everything: from the COVID shutdown, to climate change, to pasta sauce. On FP's hit podcast, Tooze and FP deputy editor Cameron Abadi look at two data points each week that explain the world: one drawn from the week’s headlines and the other from just about anywhere else Tooze takes us. Check out Adam Tooze’s column here.

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